Wednesday, January 18, 2006

Lakeshore Landing - Renton, WA

They are building a new outdoor shopping/entertainment complex near our house. To be completed 2007/2008. I think that'll boost our home value a little too!

Lakeshore Landing - Renton, WA

Saturday, January 07, 2006

Saving for college: Why 529 plans are so popular

Did you know that you can gift 5 years in advance? That means as a married couple, Allyson and I can gift $110,000 to someone and not pay a single penny in taxes.

Saving for college: Why 529 plans are so popular: "The money you put in a 529 account is considered a gift and, as such, qualifies for the annual $11,000 gift tax exclusion; that is, you can contribute up to $11,000 annually starting in 2002 without incurring any gift tax. According to the gift tax law, you can contribute five years' worth of 'gifts' in one year and not incur any gift tax as long as you don't contribute anything for the next four years. So if you had the money available now, for instance, you could contribute up to $55,000 this year ($110,000 if you're married) and let the interest on that money grow and grow. It's also a great way for grandparents to move money out of their estate quickly without incurring taxes. Keep in mind, however, that if you exceed the gift tax contribution limit in a given year, the excess money will be taxed at a rate of 20 to 50 percent, depending on how much you give. But if you're considering this option, check with a financial advisor or tax professional first."

Wednesday, December 14, 2005

korean VS2005 launch song

Ready2005.Com 홈

no idea what they're saying, but still fun to watch.

Blogthings - Could You Pass 8th Grade Math?

Blogthings - Could You Pass 8th Grade Math?

woo hoo! 10/10. still got it!

Saturday, December 10, 2005

Ho Ho Ho

We went to CycleBarn today to take pictures w/ Santa. Instead of reindeers, this one has an ATV!

jack & santa #3 Posted by Picasa

jack & santa #2 Posted by Picasa

jack & santa #1 Posted by Picasa

what wil's been reading...

I finished 2 books recently, and within them I found 2 gems. It just so happens they're similar...

Book #1 - Valentino Rossi's Autobiography

He's the Tiger Woods/Michael Jordan of motorcycle racing, and arguably even more dominant. Only interesting part in the book is his honda to yamaha story. While growing up, he often received riding tips from other people.

Gem - You need to fine tune your BS meter. Basically, when someone tells you something, you immediately determine if it's BS or not. If it's BS, you ignore it and optionally let them know it's BS. If it's not, then you absorb it and take appropriate action. Finally, trust your BS meter.

Book #2 - Michael Creighton's State of Fear

Fiction about bio-terrorism and environmentalists. Story was decent. ending was lame and predictable.

Gem - Most information you receive come from sources that have an agenda (news, politicians, etc.). Your BS meter should tell you if the information is "agenda free", or it is information with "an agenda". You will then know what to do with that information. On the other hand, do you have an agenda? If people think you have an agenda when you actually don't, then perhaps they are the ones with agendas. Comprende?

celebrating allyson's birthday at my uncle's in vancouver Posted by Picasa

rice crackers #11 Posted by Picasa

jack's tired Posted by Picasa

rice crackers #10 Posted by Picasa